CC Debt & Mortgage

boardmember

Registered User
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Hi,

My credit card has been fluctuating between 5-8k over the past 4 years... I have good savings and have always paid the credit card bills on time. I have just cleared my balance in full and proceeding for mortgage approval...

Do you think the fact I have had a large bill despite my payments will affect my application?

Thanks

(CC Debt - Not Dept) Tried to edit :)
 
If you stayed within your credit card sanction and paid CC on time = a plus.
You have now cleared credit card from savings = a plus.
You have good savings = a plus.

In answer; large bill paid on time + now paid off from good savings should be positive for you.

Looks like now down to affordability , deposit etc.
So good luck.
 
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